Goldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more in revenue than analysts had expected. The bank said that second-quarter profit jumped 22% from a year earlier to $3.72 billion, or $10.91 per share. Revenue climbed 15% to $14.58 billion, roughly $1.1 billion more than the estimate. Goldman Sachs CEO David Solomon speaks during the Goldman Sachs Investor Day at Goldman Sachs Headquarters in New York City, U.S., February 28, 2023. Brendan Mcdermid | Reuters
Goldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more in revenue than analysts had expected.
Here’s what the company reported:
Earnings: $10.91 per share vs. $9.53 per share expected, according to LSEG Revenue: $14.58 billion vs. $13.47 billion expected
The bank said that